Offshore wind farm. davee hughes uk | Moment | Getty Images The developer for a major offshore wind power project in Massachusetts has asked state regulators to pause review of the contract for one month, saying that global price hikes, inflation and supply chain shortages are disrupting the plan. The Commonwealth Wind project, which would
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Tax rises are “likely” to come soon as the government faces an “unpalatable menu” to find ways to fill a £40bn fiscal black hole, a leading thinktank has warned. A Resolution Foundation report suggests Rishi Sunak and his Chancellor Jeremy Hunt face a thankless task to re-balance the nation’s finances after former chancellor Kwasi Kwarteng’s
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Supporters of Brazilian president Jair Bolsonaro have taken to the streets in locations across Brazil following the narrow victory of opposition candidate Lula da Silva. Videos posted to social media since Monday night’s declaration show impromptu roadblocks across the country. Many took place along the 1,000-mile-long (1709km) BR-163 highway, an important corridor in Brazil’s agricultural
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Russia faces “severe consequences” if Vladimir Putin chooses to use nuclear weapons in Ukraine, the foreign secretary has said. James Cleverly also suggested the Russian president was “exacting vengeance” on civilians in Ukraine and low-income countries around the world for his “military failures” by targeting power stations and pulling out of a vital grain export
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The inquiry into the handling of the pandemic has asked to see Boris Johnson’s WhatsApp messages from when he was prime minister. Hugo Keith KC, counsel for the inquiry, revealed that thousands of documents had been asked for. “We have sought agendas, minutes and other documents associated with the core decision-making forum such as Cabinet
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TikTok owner ByteDance has launched a women’s fashion website called If Yooou. Pinduoduo launched an e-commerce site in the U.S. called Temu. The two companies are the latest Chinese tech giants to look to crack the international e-commerce market domianted by Amazon. Mike Kemp | In Pictures | Getty Images Pinduoduo and TikTok owner ByteDance
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Philippine President Ferdinand Marcos is to fly over flood-submerged areas to inspect damage left by Storm Nalgae as it barrelled across his country, killing almost 100 people. More than half the deaths were caused by rain-induced landslides that engulfed large swathes of land and everything else in their path. Villagers in Kusiong in southern Maguindanao
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In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Dado Ruvic | Reuters Bitcoin’s lack of volatility lately isn’t a bad thing and could actually point to signs of a “bottoming out” in prices, analysts and investors told CNBC. Digital
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